New flagship phones are coming out almost
every year for the past five years or so. It’s easy to get left out in the
smartphone game. It may seem like you just got your iPhone 6+ or your
Samsung Galaxy S9 and now there are newer
phones from both companies.

While some people are okay with it, some just
want the newest. It’s not just about being in the “in” crowd. New models also
have better features usually.

However, not everyone has thousands of dollars
readily available. Not everyone is rich enough to get the newest phone when it
drops.

How does trading work?

Trading in your gadget could either get you a
newer one, or you can get discounts to get a new phone.

Big companies like Apple, Samsung, or Vodafone have trade-in promotions. It’s
basically when a customer trades their new phone for credit. When your phone is
eligible for trade-in, the company gives you credit that you can use to get a
newer gadget.

However, some third-party trade-in companies
also trade gadgets for gadgets. Normally, they have to check the value of your
current phone. Based on its current price, they’ll give you options of devices
that have the same value as yours.

While you don’t have the newest, you can
switch to a different phone without paying much.

Samsung Trade-Up

Samsung allows various devices from Apple and
the Huawei Mate 9 Pro for trade-ins. You can also trade your
current Samsung phone or tablet.

Visit their official website to check whether
your phone is included in their list of eligible devices. Also, check how much
credit you're getting for your device.

To do that, choose which device you have and
answer the questionnaire they offer. These questions are about the current
situation of your device. For example, is the battery swollen or are there any
keys that do not respond?

Based on your answers, they will give you the
estimated credit you’ll get. You can now use this credit to get a lower price
for a newer Samsung gadget.

How to trade

When you’re ready to trade, you have to
back-up the data on your device and remove all password and locks. Download the
Samsung Trade-Up app on
Google PlayStore or iOS Store. Then simply
following the instructions.

This app runs a diagnostic of your device and
provides you with a trade-in ID. Use this ID at the check-out so you can get
your credit.

To complete the process, simply send your old
device to Samsung. The company’s website has the complete information for the
whole procedure.

Apple GiveBack

Much like with Samsung’s, you’re eligible to
trade your current device to get credit. You can then use this credit as a
discount when you buy newer phones. Some customers may get Apple Gift Cards.

The credit or Gift Card you get will depend on
the value of your device.

If you’re also buying the newer flagship
phones, you’re likely to get a discounted price as well. Approved customers can
also avail 0% interest for 12-months when you choose to pay monthly. However,
some offers are limited.

In addition, Apple does not accept any other
brand unlike with Samsung. But you can trade in phones, tablets, computers, and
Apple Watches.

Apple will recycle some devices from Apple such as iPods or even
batteries. You can send in bulks.

With this program, you don't have to worry
about disposing of these things. Apple will do it for you and for free.

How to trade

You can do the process via the Internet. Or
you can choose to visit an Apple Store near you.

You can check the viability of your device
through Apple's website. With some questions, you will also know the value of
your device then and there. The company will then send you a trade-in kit, or
you can get the shipping address information.

Third Party Trade-ins

There are also several companies that can help
you get newer phones for a much-discounted price - thanks to credits.

Telstra, Vodafone, and Optus are among these companies. Each one may
have a different value for their phones. However, it normally depends on the
current situation of your device.

If you have a bill under any of these
companies, you’re eligible to try out their trade-in promotions.

The general idea is the same: you back-up your
data, a third-party company will check your device, and then they will send a
quotation. If you like the quotation or the value of your device, you can
proceed with the process. You only need to ship your old device in exchange for
credit.

They also have options for doing the procedure
over the phone or at a store near you. Credits from these companies can be used
on your next bill.

Some companies may also offer free recycling
or disposal. If your device is not eligible for trade-in, they will take it and
recycle it to help the environment.

What to Consider

Generally, devices that were released in the
last five years tend to pass these companies assessment. For example, iPhone 6
models or even iPhone 5S phones are widely accepted.

For better chances, your phone should also
work well.

That means there are less damages. Water
damage or dysfunctional keys or batteries can greatly lower its value. In some
cases, these damages does not bring any value.

Take a look at this and watch a Youtuber’s journey on Samsung’s
trade-in promotion.

Conclusion

Trading your phone is a good way to get rid of
your old phone. Not only can you save up some money, but you're also helping
the environment as well.

The process is easy, especially if you know
how to research and read FAQs. While the process may take longer for some, it’s
still a worthy experience.